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RE: A lot of lost loss

in LeoFinance5 years ago

Ah, I so remember the bedlam when Tsu shut down overnight, as it left thousands destitute. It might sound crazy, but the thing that I missed the most was that all of my friends were gone and no way to contact them.
We never value something until it is taken away from us.
Should Hive tank for any reason, I think that it will be much worse than the TSU situation.
Your money is not your own until it's in your bank account lol.

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Your money is not your own until it's in your bank account lol.

It is definitely not safe there either - just remember what a run on the banks do, they don't give you your money because they don't have it.

The loss of connection is always a problem when a website shuts down. At least on Hive, anyone can start it up again to some degree.

It is definitely not safe there either

Indeed :)

You are right of course and another thing is that the bank's service charges erodes the interest earned, but over here as an interim measure it's the best option that we have.

Yes and I see that they have also started the Tsu account up again, but apparently it is still very buggy at the moment.

Until it's not in your pocket i'd rephrase lol

Agreed and even better my friend!